Chapter 1. Analytical Accounting

Analytical Accounting is an add-on module to Microsoft Dynamics GP, which allows the extension of analysis of information beyond the segmental account. Without Analytical Accounting, additional reporting can only be accomplished by adding an additional segment to the chart of accounts. Analytical Accounting allows for this extended reporting without the need to change the chart of accounts, and also allows for the storage of information beyond monetary such as time (hours worked), space (size of room hired), or activity (such as marketing channel).

In this chapter we will take an introductory look at how to activate, configure, and enter transactions in Analytical Accounting. It is assumed that the Analytical Accounting feature has already been added to the installation of Microsoft Dynamics GP, and that GP Utilities has been run to update the databases.